Spot Gold and Silver outperforming the ETFs this week
Another week for the record books but what’s really revealing is to see the outperformance of spot Gold and Silver over the past 7 days, compared with GLD and SLV, which are supposed to track the spot price closely. Over time, they tend to do so, but the fact that even GLD/SLV use Futures contracts tactically has hurt their performance this week as backwardation continues. Much more in tomorrow’s GoldBuzz.

Very Interesting to see PMs and Crypto with almost Identical gains over a 1 year period